Companies
A Saturated Market? Private Operators See 20% Annual Growth Once New Healthcare Law Is Passed
The private healthcare services, one of the most dynamic economic sectors over the past years, expect the implementation of the new health law which should trigger an annual 20% growth pace....
Private Investors Should Open Hospitals And Clinics Of EUR150M This Year
Investors, old and new, have announced plans to invest over EUR150 million in private clinics and hospitals in Romania, some of which should be completed this year and others in 2013 or late...
Romania Increases Subsidies For Eco-Farming From EUR3M To EUR4M
Romania will increase the subsidies for eco-farming from EUR3 million to EUR4 million, and beneficiaries will no longer be required to have no debts to the state or local budgets.
Bunge Negotiates Takeover Of Two Grain Silos In NW Romania
American company Bunge, which on the Romanian market is involved in the production of vegetable oil and in the trade of agricultural raw materials, is negotiating the takeover of two grain s...
Tax Authorities Might Introduce Extra Penalties For Undeclared Fiscal Debts
Taxpayers will pay penalties of 30% of the principal for undeclared fiscal debts, on top of the interest and overdue penalties provided by current law, according to an ordinance drafted by R...
Romania OKs RON85M Project To Develop Business Center In Giurgiu County
Romania's Regional Development Ministry has signed a financing contract to develop a business center in Calugareni, Giurgiu county, with EU cofinancing.
EU Approves EUR 210.9M Co-Financing For Romanian Roads
The European Commission has approved non-reimbursable financing of EUR210.9 million to Romania for the construction of the Timisoara-Lugoj highway in the western part of the country and a ro...
Finance Ministry Proposes Making VAT Due On Invoice Payment For Small Firms
Romanian companies with sales lower than 2.25 million lei (EUR500,840) will pay VAT when cashing their invoices starting next year, while larger businesses will be unable to deduct VAT from...
Heating Prices In Bucharest To Remain Unchanged After Gas Price Hike
Heating bills in Romania’s capital Bucharest will remain unchanged despite a planned 10% increase in natural gas prices as of September, an official with the Economy Ministry said Thursday.